Spectrum Foods Share price

Spectrum Leasing and Finance Limited (SLFL) was incorporated on February 7 1994 and obtained its Certificate of Commencement of Business on May 13 1994 from the Registrar of Companies Rajasthan at Jaipur. The Company has been promoted by Mr. Girdhar Saboo Mr. C.S.Saboo and Mr. M.L. Saboo. However Mr. M.L. Saboo and Mr.C.S. Saboo were Directors in the Company till 21.07.1994 and resigned from the board due to pre-occupation. They are not connected with the day to day affairs of the Company. The Company was initially incorporated with an Authorised Capital of Rs.1 lac which has been increased to Rs.700lacs to provide for the growth of the Company. The Company started its business as an Investment and Finance Company in Jaipur.The Company has applied to Reserve Bank of India (RBI) for Registration under the Non Banking Financial companies (Reserve Bank Directions) 1977.PRESENT BUSINESSThe Company is presently engaged in providing Corporate Consultancy Project Consultancy covering Preparation of Project Report assisting the clients in getting the project appraised & Loan Syndication etc. Apart from these non fund based activities the Company is engaged in Inter Corporate Deposits and Investments in Securities.The Company commenced commercial operations only in the Financial Year 1994-95. The Company has also inducted experienced professionals on the Board of Directors.